Friday, Jun 01, 2012
MILAN (Dow Jones)--Sovereign-wealth funds in Abu Dhabi, Kuwait and Qatar could be interested in the 3.4% stake in Eni SpA (ENI.MI) that an Italian state fund has to sell, according to business daily Il Sole 24 Ore on Friday.
The state fund, known as Cassa Depositi e Prestiti, needs to sell the Eni stake to raise enough money to buy into Snam SpA (SRG.MI), the operator of Italy's natural gas pipelines, it says, citing unidentified sources.
The fund is buying into Snam after the government ordered Eni to sell its controlling stake in the company.
Newspaper website: www.ilsole24ore.it
-Milan Bureau, Dow Jones Newswires; +39 02 5821 9901
(END) Dow Jones Newswires
01-06-12 0709GMT
